A business is concerned that its gross profit margin has dropped, since last year, from 65% to 45%. Possible reasons for this change are shown in the left column. Decide which of these could be a valid reason, by selecting from the drop-down list in the right column ---- 1. Inventories may have been stolen during the year 2. Different items were sold compared to last year 3. Although selling the same goods at the same prices, more goods have been sold 4. The value of closing inventories may have been understated 5. The value of closing inventories may have been overstated This could be a reason for the fall in margin This could not be a reason for the fall in margin Time Remaining: 00:27:02 Next